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V0662-18 ·13 March 2018 ·consulta-vinculante Medium impact
Tax

VAT on the transfer of mining rights accrues upon administrative authorisation or advance payments

A company has requested clarification on when VAT should accrue for the purchase of mining rights involving a mixed price (fixed and variable) and deferred payments. The DGT has ruled that accrual occurs upon administrative authorisation or, if advance payments are made, at the time of each collection.

In 6 key points

How it affects those involved

This ruling clarifies the timing of VAT liability for transactions involving mining rights, particularly when dealing with complex pricing structures and deferred payment terms.

Lifecycle

2018-03-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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